Screening Shenzhen Main Board Stocks with Moving Average Crossovers and Valuation Filters

Summary

This Chinese stock selection post combines a price-range condition, three moving-average crossover signals, and valuation bounds to screen Shenzhen Main Board shares. The stated criteria include amplitude above 1, a positive price-to-earnings ratio below 29.01, and a positive price-to-book ratio below 3.11. The indicator example defines the crossover as successive crossings among three moving averages; the accompanying Python sketch instead checks whether the averages are ordered, alongside a price-range calculation.

The post presents these filters as a way to combine technical signals with valuation measures, but it supplies no backtest results or evidence that the combination improves selection. It cautions that price-to-earnings and price-to-book ratios are based on historical information and can be affected by changing market or policy conditions. It recommends considering company scale, governance, fundamentals, and industry trends as further context. The examples are references for screening logic, not a complete strategy with specified portfolio construction, execution, or risk controls.

Key ideas

• The screen targets Shenzhen Main Board shares using moving-average signals and valuation ranges.
• The stated limits are a price-to-earnings ratio above zero and below 29.01, and a price-to-book ratio above zero and below 3.11.
• The indicator example uses consecutive moving-average crossovers, while the Python sketch checks their ordering.
• No backtest or return evidence is included, and the post warns that valuation data may not reflect future conditions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.